The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the North and South Korean economies....

The economic prosperity of a region is largely dependent on the accumulation and diffusion of knowledge. In this paper, the scale effects as well as the resource reallocation effects of intra- and interregional knowledge transmission are analysed. Within a model, the optimal levels of knowledge...

This working paper was written by Michael Funke (Hamburg University) and Holger Strulik (Hamburg University).The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model,...

The aim of this paper is to discuss the process of regional convergence within the framework of an overlapping generations model in which the engine of growth is the accumulation of human capital. In particular, we consider different education funding systems and compare their performance in...

Economic disparities among cities and regions persist and in some cases are increasing. To promote development of lagging economies, extant policies focus on the lagging regions and attempt to create conditions that are attractive to the immigration of capital, labor and above all knowledge. We...

1 Introduction and Motivation -- 2 Why and How Does Economic Activity Grow? An Overview of the Literature -- 3 Why and How Does Economic Activity Concentrate in Space? Another Overview of the Literature -- 4 Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth -- 5...